Syrian President Assad says funds frozen in Lebanese banks biggest impediment to investment
The Hindu
Lebanon is in the throes of a deep economic meltdown that is threatening its stability. Lebanese banks have locked depositors out of their accounts and blocked transfers abroad since the start of the country’s crisis in late 2019.
On Saturday, Syrian President Bashar al-Assad said, the main impediment to investment in the country was money stuck in ailing Lebanese banks. In a speech after being sworn in as President for a fourth term, Mr. Assad said estimates suggested the frozen funds were worth between $40 billion and $60 billion. “Both figures are enough to depress an economy like ours,” he said.
Former Pakistan PM Imran Khan granted bail in graft case, but remains in prison with multiple charges pending.
Australia’s communications minister introduced a world-first law into Parliament to ban children younger than 16 from social media.
Florida man arrested for plotting to bomb New York Stock Exchange to "reboot" U.S. government, detained for trial.
Apple asked a federal judge to dismiss the U.S. Department of Justice’s antitrust case against the iPhone maker.
The Sri Lankan parliamentary elections have, more or less, cleansed the 225-member Parliament, purging the country’s arrogant old guard
Trump appoints Whitaker as NATO ambassador despite lack of foreign policy experience, raising concerns about U.S. representation within alliance.
Trump appoints Whitaker as NATO ambassador despite lack of foreign policy experience, raising concerns about U.S. representation within alliance.
U.N. Security Council votes 14-1 for ceasefire resolution, U.S. veto prevents adoption due to hostage release demand.
Bangladesh interim government cancels passports of 22 security officials under investigation for abductions during previous presidency.
U.S. policy shift allowing Kyiv to use ATACMS missiles sparks furious response from Moscow, risking major war.
Taliban authorities are removing "un-Islamic" and anti-government literature from circulation by checking imported books and distributing lists of banned titles.